The Treasurer of the State of Massachusetts is the chief financial officer of the government of Massachusetts.

The treasurer is responsible for maintaining the state funds by investing and maintaining the state budget. The department is divided into seven divisions, abandoned property, board of retirement, the water pollution abatement trust, debt management, deferred compensation, financial education and cash management.

The treasurer is elected every four years.

Current officeholder

The current treasurer of Massachusetts is Steven Grossman, a Democrat elected in 2010. Grossman sworn into office on January 19, 2011 for his first four year term expiring in January of 2015.[1]

Authority

The position of state treasurer is established in Title 2, Chapter 10, Section 1 of the General Laws of Massachusetts:

"There shall be a department of the state treasurer, under his supervision and control, organized as provided in this chapter. "[2]

Qualifications

According to Article XVII of the Massachusetts Constitution, an executive officer of the commonwealth must "have been an inhabitant of this commonwealth five years next preceding his election or appointment."[3]

Elections

Massachusetts elects treasurers statewide every four years.

Vacancies

If the office of the treasurer becomes vacant during annual or special session of the general court, the public elects a successor, otherwise, "it shall be supplied by the governor by appointment, with the advice and consent of the council."[3]

Duties

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that outlines the key responsibilities of a state executive office. That information for the Massachusetts Treasurer has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Divisions

Note: Ballotpedia's state executive officials project researches state official websites for information that describes the divisions (if any exist) of a state executive office. That information for the Massachusetts Treasurer has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

State budget

The Office of the Treasurer's budget for the 2013 fiscal year was $305,236,877.[4]

Compensation

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the Massachusetts Treasurer has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Recent news

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